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According to the public record, Flat 9, 58-60, Guildhall Street, Preston is a modern leasehold apartment with 387 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 9, 58-60, Guildhall Street, Preston is £127,162 and the estimated rental value is £681 per month.
The apartment is within 58-60, Guildhall Street, Preston, PR1.
Guildhall Street, Preston, PR1 is located in the borough of Preston within the PR1 postal district.
Flat 9, 58-60, Guildhall Street, Preston has a single entry in the Land Registry from March 2024 and a single entry in the EPC database dated July 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 9, 58-60, Guildhall Street, Preston is in very good condition we estimate a sale value of £133,520 and a rental value of £715 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £118,261 and a rental value of £634 per month.
Over the last 12 months the sale value of Flat 9 58-60 Guildhall Street Preston has decreased by an estimated £657 (0.5%) and its rental value has increased by an estimated £20 per month (2.9%), giving an expected gross yield of 6.4%.
Flat 9, 58-60, Guildhall Street, Preston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Jul 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 9, 58-60, Guildhall Street, Preston was last sold on 28th March 2024 for £118,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2024, the market for similar properties has dropped 33.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, 58-60, Guildhall Street, Preston within a radius of 390 metres over the last 2 years.
The most recent example is Flat 31, 58-60, Guildhall Street, Preston, PR1 3AP, a leasehold flat which sold for £120,000 on the 30th August 2024.
Read more about house prices in PR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Guildhall Street, Preston, PR1 has a total of 67 addresses. According to our analysis of all the public data, Flat 9, 58-60, Guildhall Street, Preston is the 36th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £37k less expensive than the average property in PR1.
The closest station to Flat 9, 58-60, Guildhall Street, Preston is Preston (Lancs) station which is 500 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 9, 58-60, Guildhall Street, Preston, % of property is and % is .
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 9, 58-60, Guildhall Street, Preston, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 9, 58-60, Guildhall Street, Preston, 0.0% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 9, 58-60, Guildhall Street, Preston, there are an average of 0.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.